Ottawa

Many small businesses in Ottawa are struggling with pandemic-related debt and attempting to repay that debt by the end of 2023 would make them unable to invest in or expand their business or even force layoffs or closure, a new survey finds.

One of Ottawa’s biggest venture capital firms said Monday it “has managed to resolve all immediate exposure risks” for the eight companies in its portfolio that have relationships with Silicon Valley Bank.

Citing a source familiar with the sales process, Sportico said the bids will be whittled down to a shortlist in the near future and site visits will commence later this month.

Ottawa’s much-maligned light rail transit system is a blueprint for how not to do P3 projects in future, government officials agree.

For 31 years, the annual Skifest at Mont Ste-Marie has been a highlight for participants and sponsors. This year, the annual event held on March 2 was a smashing success.

Bushbalm Skincare, an Ottawa startup that has seen runaway revenue growth over the past few years, has entered into an agreement with Ulta Beauty.

“We thought we would go small and then be able to eventually build up to being a profitable business, but it's been just fully packed from the get-go," said one co-founder.

The co-founder of SheBoot and chair of the Capital Angel Network says she’d love to see the next Shopify be a woman-led company.

With a degree in computer science and engineering tucked under his arm, Allan Zander doesn’t shy away from anything labelled “mission critical”.

For a long time, Glenn Cowan argues, defence was a “dirty word” in the Canadian investment community. But the founder of Ottawa-based ONE9 Venture Partners says that’s changing.